
Cheap Homes for Rent in Alameda Neighborhood of Tempe, AZ from $500 (93 Rentals)
Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.


1207 E Loyola Dr, Unit smaller bedroom with 1 closet

1630 E 12th St

1630 E 12th St

1983 E Don Carlos Ave, Unit Sunroom

1145 W Tulane Dr, Unit Private Room

1630 E 12th St

1630 E 12th St

1630 E 12th St

1651 S Dobson Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

149 N Phyllis

1651 S Dobson Rd

2005 S College Ave

1718 S Longmore

445 S Dobson Rd

1503 W Garden St

1360 W Isabella Ave

1811 E Apache Blvd

1522 E Southern Ave

2266 W Ella St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

137 N Phyllis, Unit LA MESITA

1006 S Dorsey Ln

1137 S Judd St

731 W University Dr

906 S Farmer Ave, Unit C

731 W University Dr

1111 E University Dr

912 S Dorsey Ln

2146 W Isabella Ave, Unit 134

445 S Dobson Rd
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1811 E Apache Blvd

830 S Dobson Rd

910 S Dorsey Ln

1651 S Dobson Rd

1811 E Apache Blvd

1811 E Apache Blvd

1522 E Southern Ave

615 S Hardy Dr

1522 E Southern Ave

615 S Hardy Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1905 E University Dr

1360 W Isabella Ave

1978 E Don Carlos

1215 E Lemon St

540 N May

1620 E Apache Blvd

2673 E Oakleaf Dr

2146 W Isabella Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Alameda, Tempe, AZ Local Guide

How much does it cost to rent a home in Alameda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alameda 2 Bedroom Homes for Rent | $1,594 | $925 | $2,850 |
| Alameda 3 Bedroom Homes for Rent | $2,352 | $1,595 | $5,500 |
| Alameda 4 Bedroom Homes for Rent | $2,849 | $1,650 | $5,500 |
| Alameda 5 Bedroom Homes for Rent | $3,350 | $2,500 | $5,000 |
| Alameda 6 Bedroom Homes for Rent | $3,498 | $2,600 | $4,995 |
Browse Homes for Rent in this Neighborhood
There are currently 93 rentals with your search options within a 2 mile radius of the Alameda Neighborhood of Tempe, AZ.
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Alameda, Tempe, AZ Local Guide
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Cheapest Available Alameda Apartments for Rent
 The cheapest available apartment rental in the Alameda area of Tempe, AZ is a 1 Bed unit found at The Atrium priced from $850. Hayden Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Alameda apartments for rent in Tempe, AZ:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Atrium | 1x1 | 1BR,1BA | $850 |
| Hayden Terrace | 0x1 | Studio,1BA | $850 |
| Aster on University | S1 R | Studio,1BA | $899 |
| Grandes Cortes | Studio | Studio,1BA | $899 |
| Sentry Tempe | Kona | Studio,1BA | $902 |
| Waterstone | Studio S1-380 | Studio,1BA | $925 |
| Madera Point Apartments | A1 | 1BR,1BA | $935 |
| San Jose Manor | 0BR/1.0BA | Studio,1BA | $939 |
| District at Fiesta Park | A1 - 1 Bed | 1 Bath | 1BR,1BA | $942 |
Best Value Apartments for Rent in Alameda, AZ
As of October 25, 2025 the best value apartment in the Alameda area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value Alameda apartment is the 2 Bedroom 2 Bath Unit Model at The Howe Apartments starting at $2,300 with a $1.44 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts on 8th | Student Housing | Furnished Townhome | 4BR,4.5BA | $0.53 |
| The Howe Apartments | 2 Bedroom 2 Bath Unit | 2BR,2BA | $1.44 |
| Nine20 Tempe | D1 PHPV | 4BR,4BA | $0.75 |
| La Costa at Dobson Ranch | C2 | 2BR,2BA | $1.34 |
| Vista Valley | B2 | 2BR,2BA | $1.36 |
| 525-539 W Pebble Beach | 2 Beds, 1 bath | 2BR,1BA | $1.42 |
| Sago Gardens | Townhome | 2BR,1BA | $1.37 |
| Corsican | 2 Bed - 1 Bath | 2BR,1BA | $1.31 |
| University Park | Two Bedroom Two Bathroom Ensuite | 2BR,2BA | $1.25 |
| 522 W Howe St, Unit 522 | 522 W Howe St | 1BR,1BA | $1.25 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleAlameda, Tempe, AZ
Ranked #1
Among cities in Arizona for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Alameda, Tempe, AZ
Joseph P. Spracale Elementary School
School data provided by Great Schools
Frequently Asked Questions about Alameda
What type of rentals are currently available in Alameda?
There are currently 448 Apartments for Rent in Alameda, AZ with pricing that ranges from $680 to $15,000. There are also 319 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $550 to $5,500.
What is the current price range for Rental Homes in Alameda?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $550 to $5,500 with an average monthly rent of $2,274.
How much are larger Three and Four Bedroom Rentals in Alameda?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $775 to $5,479, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $680.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

